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JONCO, LLC v. ALI, INC.

No. 98-1265.

157 F.3d 33 (1998)

JONCO, LLC, Plaintiff, Appellant, v. ALI, INC., and Property Asset Management, Inc., Defendants, Appellees.

United States Court of Appeals, First Circuit.

Decided October 13, 1998.

Attorney(s) appearing for the Case

Americo M. Scungio on brief for appellant.

Michael P. Duffy with whom Tobias M. Lederberg and Peabody & Arnold were on brief for appellees.

Before BOUDIN, LYNCH and LIPEZ, Circuit Judges.

PER CURIAM.

In 1994 one Brian Gillson owned a property in Middleton, Rhode Island, subject to a bank mortgage. At this time, Gillson — who had earlier filed for chapter 11 bankruptcy — was subject to a reorganization plan confirmed in 1992 by the U.S. Bankruptcy Court for the District of Rhode Island. The order confirming the plan provided that failure by Gillson to make payments pursuant to the mortgage, note, or other loan documents would trigger the...

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